08
Dec
17:08
Anglo American makes Sishen changes to lower costs
London UK-headquartered Anglo American says that it will make changes to its Kumba, South Africa iron ore mining operations. In a statement monitored by Kallanish, the company says that it will reconfigure its Sishen mine to a “… lower cost… configuration” due to the “… deteriorating price environment” for iron ore.
This is in order to optimise margins, the company says, and is in line with the company’s strateg…
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Anonymous
Very good overview of the weekly steel market.
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